WALTON, J. B.

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the KERMIT (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 130227District 08Field 49038639Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$611 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 215 leases and 215 wells, and the rule below applies to all of them.

Discovered
1928-05-05
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1987-06-15.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED 4/1/95 PER COMPLETED AOF SURVEY

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction310,173 Mcf$611,241
Total$611,241

177,188 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.9440, -103.1343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94399, -103.13427 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,900 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 2,900 ft.

Completions filed
Jan 1989
1 of 1 wells

1 well

42-495322273322,900 ftJan 1989

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 20231778.122.24$38
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022187.185.86$6
Sep 2022384.888.16$24
Aug 2022394.529.13$27
Jul 20226101.587.54$45
Jun 20225115.097.98$40
May 20226109.378.43$51
Apr 20223104.226.84$21
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 20212363.483.02$69
Apr 20212260.362.76$61
Mar 20212661.302.72$71
Feb 20212057.805.55$111
Jan 20212850.412.81$79
Dec 20203044.642.68$80
Nov 20203738.772.71$100
Oct 20201036.972.48$25
Sep 20202937.091.99$58
Aug 20202539.982.39$60
Jul 20203338.371.83$60
Jun 20202934.901.69$49
May 20202316.921.81$42
Apr 20202114.751.80$38
Mar 20202130.341.86$39
Feb 20202149.881.98$42
Jan 20202457.252.09$50
Dec 20192359.012.30$53
Nov 20192255.302.75$61
Oct 2019053.472.42$0
Sep 20191755.052.66$45
Aug 20191953.112.30$44
Jul 20191856.272.46$44
Jun 20192952.782.49$72
May 20193158.482.74$85
Apr 20193262.632.75$88
Mar 20193256.803.06$98
Feb 20192850.852.79$78
Jan 20193446.033.23$110
Dec 20182646.594.19$109
Nov 20183352.934.24$140
Oct 20182861.443.40$95
Sep 20182659.543.11$81
Aug 20183059.403.07$92
Jul 20183265.142.93$94
Jun 20183360.183.08$102
May 20183365.382.90$96
Apr 20183463.842.90$99
Mar 20183661.222.79$100
Feb 20182761.782.77$75
Jan 20182662.874.01$104
Dec 20173357.272.92$96
Nov 20173355.423.12$103
Oct 20171949.292.98$57
Sep 20172547.523.09$77
Aug 20172845.373.00$84
Jul 20172243.873.09$68
Jun 2017942.493.09$28
May 20171445.373.26$46
Apr 20172147.933.21$67
Mar 20171146.772.98$33
Feb 20172550.452.95$74
Jan 20173249.413.42$109
Dec 20163048.763.72$112
Nov 20163242.492.64$85
Oct 20163946.193.09$121
Sep 20164241.553.10$130
Aug 20164041.442.92$117
Jul 20164241.622.92$123
Jun 20163945.352.69$105
May 20163842.521.99$76
Apr 20163636.561.99$72
Mar 20163533.011.79$63
Feb 20162426.472.06$50
Jan 20163227.352.36$76
Dec 20153232.362.00$64
Nov 20153138.792.17$67
Oct 20153643.552.43$87
Sep 20153842.992.76$105
Aug 20153840.162.87$109
Jul 20153048.152.95$88
Jun 20159956.152.88$285
May 201513255.212.96$390
Apr 201518849.822.71$509
Mar 201519042.892.93$558
Feb 201518344.662.98$545
Jan 201518643.433.10$577
Dec 201416754.693.59$600
Nov 201421170.464.25$897
Oct 201421978.303.90$854
Sep 201415586.164.05$627
Aug 201424789.394.04$997
Jul 201421396.564.18$890
Jun 201413298.164.74$625
May 20148694.734.73$406
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 20133694.403.93$142
May 201317294.834.15$714
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 20132091.233.42$68
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012786.953.62$25
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012185.133.02$3
Jun 2012079.822.52$0
May 2012991.612.49$22
Apr 2012161101.652.00$321
Mar 2012153105.052.22$340
Feb 2012141101.102.57$362
Jan 201216198.092.73$440
Dec 2011096.873.24$0
Nov 201111595.723.31$381
Oct 201120584.983.65$748
Sep 201116083.623.99$638
Aug 201111583.404.15$477
Jul 20118194.144.52$366
Jun 20119392.904.64$432
May 201114098.134.40$617
Apr 2011143105.964.33$620
Mar 201114196.364.06$572
Feb 2011085.644.18$0
Jan 201122986.504.59$1,051
Dec 201033085.734.35$1,435
Nov 201034680.843.80$1,313
Oct 201034678.103.51$1,214
Sep 201033372.633.98$1,325
Aug 201031273.684.42$1,379
Jul 201027772.554.74$1,312
Jun 201024370.364.91$1,193
May 201029571.124.24$1,249
Apr 201038781.694.12$1,595
Mar 201035378.394.39$1,549
Feb 201032173.585.44$1,747
Jan 201039974.365.96$2,380
Dec 200938971.445.48$2,133
Nov 200939074.593.75$1,463
Oct 200942472.544.11$1,743
Sep 200913965.543.06$426
Aug 20099467.423.22$303
Jul 200925061.133.46$866
Jun 200937866.163.90$1,472
May 200944654.743.93$1,751
Apr 200937646.773.59$1,349
Mar 200938442.144.06$1,559
Feb 200938832.814.63$1,798
Jan 200947735.865.37$2,562
Dec 200850837.105.98$3,036
Nov 200846455.496.86$3,183
Oct 200847775.246.92$3,302
Sep 2008206101.767.88$1,623
Aug 2008418114.228.48$3,546
Jul 2008508131.0811.39$5,786
Jun 2008418131.3313.03$5,448
May 2008476123.1711.57$5,509
Apr 2008430110.3110.45$4,496
Mar 2008382101.909.66$3,692
Feb 200835792.538.77$3,131
Jan 200849390.388.21$4,045
Dec 200752588.337.30$3,834
Nov 200727691.677.29$2,013
Oct 200741182.856.92$2,845
Sep 200756775.846.24$3,540
Aug 200750369.066.39$3,213
Jul 200762770.906.39$4,005
Jun 200755762.007.55$4,204
May 200763458.747.85$4,975
Apr 200754959.617.81$4,285
Mar 200756056.927.30$4,089
Feb 200736855.108.22$3,023
Jan 200738550.306.73$2,590
Dec 200638356.656.92$2,650
Nov 200632754.207.62$2,491
Oct 200642554.906.01$2,556
Sep 200647860.085.04$2,408
Aug 200668568.717.34$5,028
Jul 200652169.376.34$3,305
Jun 200644366.286.38$2,828
May 200650166.016.42$3,219
Apr 200648364.397.36$3,555
Mar 200673056.707.08$5,171
Feb 200664757.597.75$5,015
Jan 200669260.598.93$6,182
Dec 200561854.9413.42$8,291
Nov 200578354.6910.59$8,291
Oct 200588658.3413.80$12,223
Sep 200580061.4512.08$9,663
Aug 200564561.519.80$6,319
Jul 200576755.697.84$6,016
Jun 200588052.337.38$6,495
May 200594445.226.65$6,279
Apr 200588449.207.36$6,507
Mar 200582950.377.15$5,931
Feb 200576145.226.31$4,803
Jan 200578743.166.32$4,976
Dec 200485239.866.75$5,752
Nov 200499545.286.33$6,299
Oct 20041,06949.706.52$6,965
Sep 20041,14443.245.28$6,045
Aug 20041,03142.375.55$5,723
Jul 20041,14338.286.08$6,954
Jun 200499736.106.43$6,414
May 200483837.486.49$5,442
Apr 20041,01334.475.86$5,935
Mar 20041,26734.365.53$7,007
Feb 20041,26432.455.51$6,964
Jan 20041,30732.036.30$8,234
Dec 20031,24730.266.30$7,858
Nov 20031,13728.804.60$5,225
Oct 20031,33228.174.76$6,340
Sep 20031,22026.314.75$5,794
Aug 20031,42429.765.13$7,305
Jul 20031,08929.415.17$5,631
Jun 200385628.565.98$5,121
May 20031,24526.595.97$7,436
Apr 200371026.675.41$3,839
Mar 200346131.146.10$2,810
Feb 200344133.487.93$3,495
Jan 200340830.315.58$2,277
Dec 200253226.914.85$2,582
Nov 200259524.664.14$2,461
Oct 200287526.464.23$3,700
Sep 20021,07727.443.64$3,915
Aug 20021,50425.963.16$4,759
Jul 20021,25124.583.06$3,830
Jun 200285223.733.34$2,844
May 200261524.663.58$2,204
Apr 200281623.653.51$2,866
Mar 200294422.003.10$2,929
Feb 200270818.222.38$1,682
Jan 200273217.172.38$1,739
Dec 20011,07516.932.36$2,542
Nov 200134918.072.41$840
Oct 200132519.782.53$822
Sep 200134324.262.25$772
Aug 200189024.873.05$2,717
Jul 200168123.933.20$2,177
Jun 200175224.563.82$2,876
May 200135725.524.31$1,538
Apr 200138424.685.34$2,049
Mar 200143324.545.38$2,328
Feb 200171827.755.77$4,141
Jan 200149727.478.40$4,174
Dec 200053226.889.12$4,853
Nov 200036432.215.66$2,060
Oct 200049431.235.15$2,542
Sep 200076431.875.19$3,962
Aug 200028529.644.54$1,294
Jul 200045728.534.09$1,869
Jun 200050629.304.40$2,225
May 200036427.263.68$1,339
Apr 200078424.513.12$2,443
Mar 200067128.422.86$1,919
Feb 20001,56827.622.73$4,275
Jan 200084725.272.48$2,101
Dec 199982224.282.42$1,992
Nov 19992,15723.192.43$5,250
Oct 199992220.982.80$2,585
Sep 199935821.752.62$938
Aug 19992,30819.262.88$6,637
Jul 19991,78917.892.37$4,244
Jun 199964515.942.36$1,524
May 19991,25615.792.32$2,915
Apr 199961115.102.21$1,349
Mar 19991,40712.471.84$2,587
Feb 19995139.981.82$933
Jan 19991,21110.381.90$2,301
Dec 19988369.201.77$1,483
Nov 19981,49810.892.19$3,274
Oct 199894012.421.97$1,851
Sep 199880912.592.08$1,685
Aug 19981,48911.301.91$2,840
Jul 19981,03311.742.24$2,311
Jun 199889911.242.24$2,011
May 19981,03612.622.21$2,286
Apr 19981,07913.042.51$2,703
Mar 19981,23912.802.31$2,861
Feb 19981,21313.952.30$2,789
Jan 199869414.702.15$1,495
Dec 19971,20216.322.41$2,898
Nov 19971,21618.193.09$3,755
Oct 19971,27819.253.15$4,025
Sep 19971,20217.742.95$3,552
Aug 19971,01117.862.55$2,583
Jul 19971,25117.582.25$2,811
Jun 19971,12817.242.26$2,546
May 19971,31818.972.31$3,043
Apr 19971,26317.882.08$2,631
Mar 19971,44018.951.94$2,792
Feb 19971,18120.492.21$2,605
Jan 19971,51323.483.54$5,356
Dec 19961,46423.32$0
Nov 19961,47521.97$0
Oct 19961,85123.31$0
Sep 19961,60622.22$0
Aug 19962,05420.26$0
Jul 19961,81619.55$0
Jun 19961,95918.73$0
May 19962,68919.43$0
Apr 19963,27621.51$0
Mar 19963,24319.38$0
Feb 19962,96816.98$0
Jan 19963,26817.07$0
Dec 19952,66917.19$0
Nov 19953,34416.00$0
Oct 19953,39215.43$0
Sep 19953,45516.18$0
Aug 19953,42915.92$0
Jul 19953,50315.24$0
Jun 19953,50016.41$0
May 19953,38817.56$0
Apr 19953,12417.73$0
Mar 19953,88216.44$0
Feb 19953,78416.58$0
Jan 19953,49215.92$0
Dec 19943,29715.03$0
Nov 19943,36315.90$0
Oct 19943,69015.58$0
Sep 19943,31615.29$0
Aug 19943,69216.13$0
Jul 19943,90617.56$0
Jun 19943,68217.09$0
May 19943,68915.88$0
Apr 19943,73214.14$0
Mar 19944,16912.46$0
Feb 19944,23212.50$0
Jan 19944,43412.66$0
Dec 19934,88212.33$0
Nov 19932,99114.49$0
Oct 19931,93715.85$0
Sep 19933,94615.03$0
Aug 19934,33915.66$0
Jul 19934,97415.46$0
Jun 19935,03816.79$0
May 19936,31917.68$0
Apr 19936,36118.05$0
Mar 19937,13818.14$0
Feb 19937,16617.90$0
Jan 19938,26416.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2023 — as filed, then multipliedworked
Gas                   17 Mcf  × $  2.24 =        $38

────────────────────────────────────────────────────
Month total                                      $38

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/130227 is the state's own key, not one this site invented.